Avalon Names New CEO as Gelsomino Steps Down

Michael Brown advanced to president and CEO of Avalon Risk Management, succeeding founding partner Lisa Gelsomino in that role, the surety said Aug. 9. Brown was most recently executive vice president at the company, overseeing sales and marketing. Gelsomino plans to spend more time with her family but “will continue to serve Avalon as a Senior Advisor focusing on her continued role in the Commercial Customs Operations Advisory Committee (COAC) through various working groups,” the company said.